By Katharina PISTOR For decades, we have been told that government-operated businesses are bad for the economy. A staple of the “Washington Consensus” that emerged...
By Stephen S. ROACH It’s impossible to predict the outcome of a random experiment. Yet that is the task that awaits us as we try...
By Kizito CUDJOE The withdrawal of the United States from the Paris Climate Agreement under the Trump administration has drawn widespread reactions from global leaders,...
By James K. GALBRAITH In a remarkable catalogue of horrors for The New York Times, journalist Ben Casselman details the “central tenets” of mainstream economics...
By Mohamed A. El-Erian The British government was right to describe the recent bout of market volatility in the United Kingdom as having been fueled...
By Simeone AZOSKA As the world speculates about the contours of Donald J. Trump’s second-term foreign policy, sub-Saharan Africa finds itself at a crossroads. Trump’s...
By Barry EICHENGREEN  One of the more jaw-dropping policy ideas gaining political steam in the United States recently has President-elect Donald Trump and his team,...
By Keyu JIN  When US President-elect Donald Trump’s first administration launched its trade war against China in 2018, the goal was clear. Trump wanted to...
By Sylvester EIJFFINGER and Edin MUJAGIC Back in August, Donald Trump announced that, if elected, he would try to amend the Federal Reserve Act to...
By Barry EICHENGREEN Germany is the poster child for everything that is wrong with the European economy. GDP is on track to fall for a...